https://www.taxtmi.com/caselaws?id=305559 The Tribunal partially allowed the appeal, directing the exclusion of certain comparables for transfer pricing adjustments and allowing the deduction of interest on an unsecured loan. The Tribunal excluded specific comparables for functional dissimilarity and lack of segmental data, following precedents and guidelines. Additionally, it upheld the assessee's argument that the interest on the unsecured loan was for business purposes, relying on relevant legal decisions. en-us Mon, 31 Jul 2017 00:00:00 +0530 Mon, 12 Dec 2022 10:40:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305559 The Tribunal partially allowed the appeal, directing the exclusion of certain comparables for transfer pricing adjustments and allowing the deduction of interest on an unsecured loan. The Tribunal excluded specific comparables for functional dissimilarity and lack of segmental data, following precedents and guidelines. Additionally, it upheld the assessee's argument that the interest on the unsecured loan was for business purposes, relying on relevant legal decisions. Case-Laws Income Tax Mon, 31 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305559